Svenska Handelsbanken AB

Diversified Banks

SHB-A.ST

SEK 98 0.22

Share price

$ 20 bn

Market Cap

$ 119 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

In line with the -5.1% weighted average for S&P 500

FY2022

Svenska Handelsbanken AB aims to achieve net zero for Scope 1 + 2 by 2040

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Svenska Handelsbanken AB reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 5.7 Kt (-1.6 /-22.4% y-o-y).

Svenska Handelsbanken AB's Scope 3 emissions increased to 1.5 Kt (+0.14/+10% y-o-y). There has been no consistent trend in recent years.

The company is committed to achieving net zero for Scope 1 + 2 by 2040, which translates into the estimated reduction of -0.3 Kt per annum over the period of FY2022 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	5.7	0.02	5.7	1.5
2020Q4	7.3	0.02	7.3	1.3
2019Q4	8.7	0.03	8.7	3.7
2018Q4	9.4	0.04	9.4	4.1
2017Q4	8.9	0.09	8.8	4.2
2016Q4	9.3	0.05	9.3	4
2015Q4	9.4	0.03	9.4	4
2014Q4	11	0.03	11	4.6
2013Q4	12	0.05	12	4.8

Svenska Handelsbanken AB

Carbon footprint

Primary Climate Goal

Svenska Handelsbanken AB aims to achieve net zero for Scope 1 + 2 by 2040

GHG emissions and Carbon intensity

Svenska Handelsbanken AB's carbon footprint

Company environmental metrics